RE/MAX partners with online real estate brokerage Redfin

Redfin’s new Canadian real estate site brings its industry-leading search experience to most provinces

RE/MAX partners with online real estate brokerage RedfinReal estate powerhouse RE/MAX is partnering with technology-powered real estate brokerage Redfin to reach consumers through the Redfin Partner Program. In a news release, the two companies said that in areas where Redfin doesn’t have capacity to serve customers, Redfin refers customers to approved partner agents at other brokerages, including participating RE/MAX agents. When the…

Fire & Flower launches online cannabis sales

Edmonton-based retailer has e-commerce licence in Saskatchewan and is poised for growth elsewhere

Fire & Flower launches online cannabis salesYou can now order in your pizza and your pot – if you live in Saskatchewan. Fire & Flower Holdings Corp. on Monday launched an e-commerce platform to sell adult-use recreational cannabis to customers in Saskatchewan, and accessory products to the rest of the country. The online ordering service is available from the Edmonton-based retailer’s…

National housing market faces shakeup

Ben Myers of Bullpen Research & Consulting talks about how markets are changing across the country

National housing market faces shakeupBen Myers is president of Bullpen Research & Consulting Inc. What does your research tell you about today's consumer and what they’re looking for in a new home? Myers: Location remains the top priority for buyers, that hasn't changed. However, different demographic segments have much different priorities after location. In speaking with realtors and developers,…

ZayZoon provides access to your money between paydays

Technology company ZayZoon's Early Wages On-Demand is taking off across North America, with more than 80,000 businesses participating

ZayZoon provides access to your money between paydaysImagine, as an employee, being able to access money as you earn it. Technology company ZayZoon, based in Calgary, has created a platform, Early Wages On-Demand, that allows people to access their paycheque before payday. The concept has taken off across North America. The platform is now available to more than two million employees by…

Canadian MLS sales take steep drop in February

The housing sector is on track to further reduce waning Canadian economic growth: CREA report

Canadian MLS sales take steep drop in FebruaryMLS home sales in Canada dropped 9.1 per cent in February from January, reaching the lowest level since November 2012, according to a report released Friday by the Canadian Real Estate Association. The month-over-month decline was the largest recorded in Canada since the introduction of the mortgage stress test in January 2018. “The number of…

Lack of pipelines, infrastructure cripples Canada’s ability to compete

CAPP report calls for a clear government commitment to resource development and a competitive fiscal environment

Lack of pipelines, infrastructure cripples Canada’s ability to competeCanada has an abundance of natural resources, but a lack of pipelines and insufficient infrastructure are crippling our ability to compete for global market share, says a new report by the Canadian Association of Petroleum Producers. “Before they will invest in Canada, global investors need to see that the Canadian federal and provincial governments are…

Canadians’ level of debt rising as proportion of household income

Borrowing edged up in the fourth quarter of 2018 to $21.2 billion: StatsCan

Canadians’ level of debt rising as proportion of household incomeThe level of debt Canadians carry continues to increase. A report released on Thursday by Statistics Canada said “household credit market debt as a proportion of household disposable income increased to 178.5 per cent in the fourth quarter (of 2018), with growth in debt slightly outpacing income growth.” “In other words, there was $1.79 in…

One in five Canadians need to liquidate assets to pay debt

New survey says the need to liquidate is significantly higher among males and those under 55

One in five Canadians need to liquidate assets to pay debtThe level of personal debt in Canada has been an alarming trend in recent years. A survey released on Wednesday says one-in-five Canadians with debt say they will need to liquidate assets – such as cash in their RRSPs, get a second mortgage, sell a vehicle –  to help pay off or pay down their…

Canada’s tax rates significantly higher than U.S.: Fraser Institute

Report says taxes discourage people from engaging in productive economic activity, hindering economic growth

Canada’s tax rates significantly higher than U.S.: Fraser InstituteA new report by Canadian public policy think-tank the Fraser Institute says Canadian workers across the income spectrum pay significantly higher personal income taxes than their American counterparts. “Income taxes are a major attractant — or deterrent —for entrepreneurs, businesses and workers looking to start a business, expand operations or relocate, and at virtually every…

Canadian crude oil production on the rise

Exports on the rise to U.S. and elsewhere: StatsCan

Canadian crude oil production on the riseCanadian production of crude oil and equivalent products totalled 264.6 million cubic metres in 2018, up 8.5 per cent from the previous year, according to Statistics Canada. The federal agency reported on Monday that non-upgraded production of crude bitumen (+12.7 per cent) was the main contributor to the overall rise. Since January 2016, the average…

Canada’s non-profit sector adds nearly $170 billion to economy

Volunteer activities would have added a further $41.8 billion to the economy: StatsCan

Canada’s non-profit sector adds nearly $170 billion to economyEconomic activity in the non-profit sector totalled $169.2 billion in 2017, representing 8.5 per cent of Canada's gross domestic product, according to Statistics Canada. Community non-profit institutions accounted for 16.4 per cent of the overall sector, while business non-profit institutions accounted for 10.4 per cent. The most significant portion of non-profit activity (73.2 per cent)…

Automation could play to women’s employment strengths

Evidence suggests that generalist, digital and social skills – the skills that women already use – will be in high demand

Automation could play to women’s employment strengthsAutomation is upending established ways of working, and research by RBC Economics suggests that about half of all jobs in Canada will change significantly in the years ahead – particularly for women. A new report by RBC, Advantage women: how an automated future could play to women’s strengths, says technological disruption will naturally impact both men and…

Women control about $2.2 trillion in Canadian assets: CIBC

By 2028, women will control just under $3.8 trillion or more than one-third of total financial assets

Women control about $2.2 trillion in Canadian assets: CIBCWomen in Canada currently control about $2.2 trillion of Canadian assets, a rising amount of wealth and increasing influence on the overall economy, says a new report released on Monday by CIBC Capital Markets. “More needs to be done in order to fully utilize women's economic might, but the direction is clear,” said the report,…

Canadian fraud risks increasing in a complex digital landscape

If you think there's something wrong, there probably is, says Interac

Canadian fraud risks increasing in a complex digital landscapeIt’s Fraud Prevention Month in Canada and Interac Corp. has launched some tools to help Canadians not get scammed. The company said 71 per cent of Canadians said in a survey that they  feel confident in their ability to detect a phishing scam. But Interac Corp. also found that 96 per cent were unable to identify…

Canadian economic growth slowed to 1.8% in 2018

Decline mainly reflected a drop in investment spending. Exports of goods and services also edged down: StatsCan

Canadian economic growth slowed to 1.8% in 2018The Canadian economy slowed to 0.1 per cent growth in gross domestic product (GDP) in the fourth quarter of 2018, the slowest pace since the second quarter of 2016, says Statistics Canada. The federal agency reported Friday that annual growth was 1.8 per cent for the Canadian economy in 2018 following three per cent growth…
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